Sr. Manager, Cost Accounting
Miltenyi Biotec • Gaithersburg, MD21d
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Sr Manager, Cost Accounting PC 691
Miltenyi Biotec•Gaithersburg, MD
About The Position
Miltenyi Biotec is seeking a Sr. Manager, Cost Accounting to lead and develop its cost accounting team in a biotech manufacturing environment. The role partners with plant and R&D leadership, supply chain executives, and finance leadership to influence manufacturing strategy and profitability, improve financial transparency, and manage processes that affect inventory, cost of goods sold (COGS), and gross margin. It offers broad exposure to operational finance, FP&A, and executive leadership, with a visible role in supporting operational excellence and business growth. The position oversees cost accounting processes and team development, drives process improvements and automation, and provides strategic analysis of manufacturing costs, inventory, capacity utilization, and operational efficiency. It leads manufacturing and R&D month-end close activities, forecasting, annual budgeting, standard cost updates, and manufacturing variance analysis. The role also partners with FP&A, manufacturing, and supply chain teams to support decision-making and sustained performance improvements, applying a deep understanding of GAAP and IFRS.
Requirements
- Bachelor’s degree in finance, accounting, or a related field.
- At least 5 years of people leadership experience in Cost Accounting or Manufacturing Finance, including coaching and developing finance professionals.
- Experience with ERP platforms in a manufacturing environment; SAP is preferred.
- Experience supporting multi-site manufacturing operations.
- Strong understanding of standard cost accounting, inventory accounting, manufacturing variance analysis, cost allocations, inventory reserves, budgeting and forecasting, and month-end close processes.
- Deep understanding of GAAP and IFRS principles.
- Exceptional analytical and problem-solving skills, with the ability to collaborate effectively across non-financial departments and global teams.
- Team leadership proficiency, with a focus on process simplification and alignment with departmental and organizational goals.
- Advanced fluency in Microsoft Suite, including data modeling in Excel and visualization in Power BI.
- Experience identifying unmet needs and proactively partnering with others to develop solutions.
Nice To Haves
- Working knowledge of AI.
Responsibilities
- Manage, mentor, and develop the Cost Accounting team, promoting accountability, continuous improvement, and operational excellence while contributing hands-on when needed.
- Drive process improvements, automation initiatives, and best practices across the cost accounting organization.
- Provide strategic guidance on manufacturing costs, inventory levels, capacity utilization, and operational efficiency initiatives.
- Support leadership decision-making through financial analysis and performance reporting.
- Oversee manufacturing variance analysis and work with manufacturing and supply chain teams to identify root causes, develop corrective actions, and track sustained improvements.
- Lead the bi-annual standard cost update process and oversee development and maintenance of standard costs for new and existing products.
- Lead manufacturing- and R&D-related month-end close activities, forecasting, and annual budgeting.
- Partner with FP&A to provide insights into COGS, inventory, margin performance, and operational spending trends.
- Apply and maintain a deep understanding of GAAP and IFRS principles.
- Lead special projects and perform ad hoc duties as assigned.
Benefits
- Health insurance
- Vision insurance
- Dental insurance
- 401(k) plan
- Certain positions may be eligible for additional compensation such as bonuses or commissions.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
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